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The Indian rupee on Friday declined 66 paise to trade at 86.18 to a US dollar amid costlier crude and Israel-Iran tensions. It had closed at 85.52 in the previous session on Thursday.
Brent crude futures rose $8.64, or 12.45%, to $78.00 a barrel by 0825 IST, the highest in the past five months.
Israel said early on Friday that it struck Iran, and Iranian media said explosions were heard in Tehran as tensions mounted over U.S. efforts to win Iran’s agreement to halt production of material for an atomic bomb.
(The story will be updated)
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